War Not Worth Winning as G-20 Debates Yen Intentions

War Not Worth Winning as G-20 Debates Yen Intentions

Kiyoshi Ota/Bloomberg

The G-20 finance chiefs will reaffirm a pledge to “refrain from competitive devaluation” and will commit to monitoring “possible monetary-policy spillover,” according to a draft statement obtained by Bloomberg News that predates that of the G-7 by one day.